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tv   The Young Turks With Cenk Uygur  Current  November 29, 2012 10:00pm-11:00pm PST

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illed chicken and wait for it, white turkey chili. white turkey chili. who knew the white house had such a good sense of humor. gotta go, >> cenk: welcome to the "young turks." i know what you're thinking. if we talk about the fiscal cliff anymore you might throw yourself off a cliff. here goes the republican again. they decided we'll go with the transition again. >> without spending cuts and entitlement reforce it's impossible oh address the fiscal crisis. >> cenk: we're busting their ass up today. i'm going to show you what they said before the election and what they said after. you'll love that. >> here come the people, man strikes and more strikes. now, fast food workers in new
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york starting to strike. >> i've been working at mcdonald's for 10 months right now. >> i've been working at wendy's for a year and two months now. >> cenk: i'm going to show you how much they're getting screwed. you want to talk about surprising news? here comes big foot! >> i was a skeptic. i did not believe these things exited at pull. they live right under our noses and we were never able to get proof of this until now. >> cenk: is it real? there's some real evidence. we'll talk about it on the show. in the end, of course, the did you meanest republican in the country within the show. who is it? gomer! you're going to love his conspiracy they are we. it's go time. [ ♪ theme ♪ ]
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>> cenk: so it aseemed things were going well on this grand bargain thing for a while if you actually want to do the grand bargain, which i'm not sure i do. the republicans saying maybe we can raise a little bit of revenue. of course, president obama is saying a million conciliatory things. here comes john boehner deciding he's going to draw a line again. >> without spending cuts and in title reforms it's impossible to address our country's debt crisis and get our economy going again and to grow jobs. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president congressional democrats to tell the american people what spending cuts they're really willing to make. >> cenk: there he goes again spending cuts, enexcitement reform. we'll get to entitlement reform in a minute. they are huffing and puffing and
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laughing in tim geithner's face today. based on some articles that i have read, this morning i tweeted out: there is the unknown ones, how much are they going to increase taxes. i predicted 37-38% and capitol gains 20%-22%. i don't have definitive numbers for you sos i got it right but i read this today: >> cenk: now do you understand that? the clinton era rates are 39.5 wear. all along, president obama was saying i'm taking away the bush
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tax cuts, we're going back to the clinton era rates right? all of a sudden not really going back to the clinton era rates. that's why i was saying you know what, they might increase the rates because president obama has said it way too many times not to increase the rates at all, but although as we've sheen you, they've also hint haded they might lower rates. he's not going to go back up and take the bush tax cuts away. the final might be 37%. politico, same reporting as the wall street journal on that. they say it might be about $1.2 trillion in tax increases. they say realistically it could be closer to a trillion dollars. that's similar to what we've been hearing. the democrats are supposed to have leverage, but looks like they'll get the same trillion dollars that president obama has always been asking for. finally, or two final notes on this we've got the $1.2 trillion in cuts that we
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might be getting. that's weird because it looked like the cuts were going to be much more than that. we'll see how that plays out. on medicaid, they say the floor is $400 billion. that's definitive. they are going to cut at least $400 billion from medicare, but it could be much, much higher. speaking of medicare, this is really interesting. i remember during the election, the republicans talking about we are the protectors of medicare. i can't believe obama wants to cut medicare. you remember all of these statements and ads? >> cut the payments that go to medicare. >> now that you need it, obama has cut $716 billion for medicare. >> medicare for current retirees he's cutting from the program. because of those $716 billion in cuts. >> you're going to see a $716 billion cut to medicare.
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>> obama is raiding $716 billion from medicare changing the program forever. >> medicare should be the promise it made to our seniors period end of story. >> barack obama has taken $716 billion from it. it's that simple. >> cenk: that simple! obama's taken $716 from medicare and the republicans are going to protect it, right? after the election, mind you listen to this, entitlement reform means and everybody in washington knows this, the reporting absolutely confirms it. i just want you to be clear on this. it means cutting medicare, medicate and social security. so they wouldn't do entitlement reform after the election, would they? let's find out. >> entitlement reform. >> reform the entitlements. >> it's couped with real entitlement reform. >> it's going to take cuts in
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entitlements. >> only if democrats will do entitlement reform. >> change the model for medicare for the long term. >> without spending cuts and entitlement reform, it's going to be impossible to address our countries debt crisis. >> shore up entitlement programs that are the primary drivers of hurry debt. >> cenk: i that the you were going to protect entitlements like medicare. turns out your intention was and you are now insisting that they be cut instead. by the way who's going to aid and abet them, of course, cnn. >> those entitlements cuts are going to be painful but they're going to have to do it. >> cenk: i love how they're supposed to be objective unless they're pushing the pro rich, pro establishment thinking, they're going to have to do he be title cuts, take that money away from the middle class give it to the rich. now, let me bring in someone who
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has a different view on the fiscal cliff than a lot of people in the media robert rice. he's of course secretary of labor under the clinton administration. his new book is beyond outrage what's gone on with our economy and how to fix it. let's start with the fiscal cliff. secretary reich if we hit the fiscal cliff would it be devastating and hence we must do cuts in social security and medicare? >> first of all the fiscal cliff is a misnomer. it really is not a cliff. we can go over it and a lot of people won't feel much, particularly if democrats do what they say they're going to do, and that is pass a bill that makes the tax cuts retroactive to january 1 for the middle class. that's what democrats would do,
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giving them maximum bargaining with the republicans. we don't have a debt crisis. that's another might geology that a lot of people, republicans and media are talking about. there is no the a budget deficit crisis right now. in the years beginning 10 years from now, we will have very large budget deficits, but those are because of health care costs rising projected to rise very, very high and that's going to hurt medicare and medicaid, not because medicare and medicaid are the problems, but because underlying those medicare and medicaid problems programs are problems with rising health care. they're going to be problems for the whole country unless we get health care under control. that's why we need a single pair plan. that's why the affordable care act is a step in the right direction but it's not where we need to end up. >> cenk: from where it currently
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is arguing between a really conservative position and fairly conservative position to what the american people actually want, it's not a matter of what i want or you want, do not cut medicare and special security, cut oil subsidies and raise taxes on the rich, is that possible? >> i think it is possible. the obama white house democrats, particularly progressive democrats in the house and senate and especially the new crop coming in january 1, what everybody ought to be saying is number one and by the way cenk, this is what they were saying during the election, so this is not a fundamental change in democratic rhetoric. number one the goal is jobs, not just more jobs, but also better jobs. we're not going to get that if we have an austerity crisis if we consider the budget deficit the worst thing right now that we have to tackle, it is not the
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worst thing right now. jobs and joblessness is the worst thing we have to tackle. that's number one. number two inequality. we've got to raise taxes on the rich not just because it helps with the long term deficit but because we've got to invest in people, in education, and job training and infrastructure. we've got a lot to do as a country. we've got to strengthen our safety nets. the middle class can't possibly afford anymore taxes. that's why the rich have to pay their fair share. >> cenk: let me throw a quick question. >> i think if it's framed that way in terms of jobs and public investment and all of us, i think that's a winning way of framing it. >> cenk: you're definitely right about that, there's no question about that. the question is the guy in the white house is not going to frame it that way. if my prediction is right and we'll go to the upper end of it and say the marge national tax rate gets moved up.
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is that a good deal for a bad deal? >> it's a bad deal, because remember the clinton highest marginal tax rates on dual filers 39.6% that is still historically very, very low. i mean, before 1980, the highest marge national tax rate was 71% under eisenhower, 91%. even if you consider all of the tax deductions that the wealthy took in those years. the effective tax rate on the highest income people was still about 55%. much higher than the 39% under bill clinton. did the economy suffer? no! we did very well in the 1950's and 1960's. we actually had an economy that worked for everybody. the rich did not take home 24% of total income. they took home about 9% of total
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income even before taxes. what we need to do as a country is understand that we had a period of widespread posterity. we need to go back to that kind of an economy. >> cenk: all right, thank you for joining us. really appreciate it. >> thanks, chenk. >> cenk: when we come back, president obama and mitt romney had a lunch. there's a secret recording of that lunch, kind of. >> president obama makes good on an election night promise meeting with mitt romney. that this is their first face-to-face meeting sings their bruising campaign. >> the elbow of the day is on >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape.
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at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold.
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hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational relief. >> cenk: president obama met with mitt romney today for lunch. our political correspondent michael shure is here to tell us
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all about it. >> on the one hand, a warming comforting thing about american politics is the loser comes and meets with the president or whoever it was that beat them. they have a meeting at the white house. mitt romney arrived through a back door, pictured going inside. that's through the basement of the white house. i couldn't make this stuff up. then of course, this is the official picture, the white house released, there's an official picture. this is of course governor romney and president obama standing in the oval office, comforting that romney would be leaving the oval office and romney would remain. t.y.t. being investigative and on the spot, taking a cue from the 47% video at the fundraiser for romney, we had some audio there that nobody knew about. >> i want to say thank you to you for welcoming me here. i apologize for keeping you so long from a lunch the smells of
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what are beginning to waft into this room. >> continue, governor. you've got folks who work at the jeep plant. >> i drive a mustang and chevy pickup truck. ann drives a couple of pickup trucks. she said i've got to get this time on oh the horse. she has austrian warm blood. >> please proceed governor, i've got a pen. >> i've got to get her out there. it rejuvenates her. >> any chance they talked about politics? >> i don't think for a second. it's curious what they talked about. i'm sure they talked about their ideas and what not. >> cenk: it had to be the most awkward lunch of all time. they don't like each other especially romney after losing, walks in with some bile. this has to have been the worst lunch of his life. >> people said when ford and
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carter who ended up very, very close friends had that lunch at the white house, it was really awful, because i'm sorry reagan and carter. >> cenk: i heard carter spit in reagan's food. oh yeah, great here you go. >> we also had cameras there for that but we'll w show s that tt another time. getting back to the serious campaign stuff, romney was almost in denial over his loss and perhaps understandably. three weeks after the election, in the washington post, a chief strategist for the romney campaign basically saying we won the day. somehow, he thought he won the day:
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>> you know what, cenk, they lost. >> cenk: why bother pointing this out. this is him saying you know what, we won the real people. we won rich people, we won white people. you know the real america voted for us. >> i'm glad you said white people. he went on to say: >> so he's saying, he's painting the president as the rich guy here. >> cenk: and he's saying hey you know what, he won because he's black don't worry next time we won't get a black guy it will be easier to win so it wasn't our idea. >> exactly. i think the idea that they think, these republicans, the people that work with romney think that they somehow won is really a victory for the rest of america. i think that's astonishing. >> two parts of that.
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they can't get it through their thick skulls what the middle class is. the median income is 50,000. people under $50,000 is the middle class because $50,000 is the middle. where as they view it as $50,000 and above are the only people that count. no wonder you lost the election. if you take half the country and piss on them like this, they're not going to vote for you. >> they keep pissing on them. former congressman from virginia goes on yesterday: >> the only thing that changes is the underclass minorities are starting to vote, it's even the people making less than that, pulled out of apartments and other groups that haven't traditionally voted. >> the minorly underclass pulled out of their apartments. >> come on, man. how obvious is it with these republicans? i want to give mike credit here. a couple of days, michael and i were having a conversation about the susan rice situation why the
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republicans were finding it so hard. >> cenk: one thing they want john kerry because they want that seat to open up in the senate to put scott brown in there, as well. >> cenk: that's a great point that's why they call him epic. >> i hadn't thought of that, it was a great point. all of a sudden, the next day we see this on another network. >> now that there's aningling of a chance that a is not seat might open up in massachusetts for scott brown to run for guess who's doing all of the dirty work to make sure that senate seat opens up? tadaa. >> are you going to sue her? >> she actually called and said can i go for it and i said yes. joe biden went to costco today. really, one of my favorite political stories of the year. went in, had his cart and there's great pictures of biden here going through.
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he bought cookies children's books, a big apple pie fire logs. how does he need fire logs, isn't somebody getting him the fire logs. the favorite part, though, he didn't purchase a set of tires when asked, he said man, i don't drive anymore. >> cenk: my understanding is he takes am tram from time to time. i heard that he got applause. >> he got huge applause. it was announced -- unannounced visit, that's what joe biden does real well retail stuff literally today. >> cenk: it's not a campaign, the campaign's over. >> he's at costco, which is decidedly not wal-mart, $17 an hour salaries, benefits for their workers. it's a real statement with joe biden. >> cenk: i want to get back to that in the next segment. they paid, costco does, twice the rate that wal-mart does for their employees. you know, wal-mart and all the
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other guys, mcdonald's are going to say we can't, we can't. costco does twice as much and still makes money. >> the c.e.o. there today said i am not going to battle wallle street this is how we run our business. >> cenk: when we come back, people who have had enough of those low wages. they're starting to strike at fast foot restaurants. >> can't hear you new york! >> working part time hours making minimum wage. >> cenk: let's strike back. we'll talk about that when we come back. later, how much would you pay for a cup of coffee? what if it was a really fancy ass coffee? >> a $7 cup of coffee. i feel that this has defined just how stupid we are. it's ridiculous to spend $7 for a cup of
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